Our strong and long-term relationships with the nation’s leading insurance providers, our knowledge of these companies and their REO products along with our independence enables us to create the right REO insurance solution to meet your specific needs. Our goal is the same as yours: To protect the interests of your portfolio, while also reducing risks and increasing efficiencies in the management of REO insurance operations.

Benefits of Working with Us

With so many policy options from which to choose, determining the right REO insurance coverage for your loan portfolio can be a complicated and challenging endeavor. There are many policy options to choose from that impact not only the cost of the policies, but also the coverage that protects you from situations that can arise over the life of a loan. FGIB can find the right fit for your portfolio. The companies with which we partner offer:

A wide variety of limits, deductibles and coverage options

Coverage written on either a stated value or total insurable value basis

REO Property Insurance offers loss settlement options on either a replacement cost or actual cash value basis, with or without co-insurance penalties

Coverage written on annual or monthly terms with various billing options

A proprietary insurance tracking system that allows for easy management of REO properties

WHAT OUR CLIENTS ARE SAYING

“We have known Financial Guaranty for more than ten years. They have proven to be an important resource and business partner for the bank, and have earned all of our business because of their knowledge of the market, great customer service, sound advice and outstanding staff. I have never hesitated to refer other financial professionals to FGIB because I know that FGIB can get the job done for them.”

Wes Schaefer

American Business Bank

“Financial Guaranty Insurance Brokers have been our provider for insurance policies since the Bank’s inception. I have personally dealt with Joe Scully and Manny Kim for many years and they are excellent to work with. They are always available to assist us with any needs or concerns we may have in dealing with the insurance companies. I would definitely recommend FGIB.”

Toni Umphreyville, Chief Financial Officer

Community Valley Bank

Providing Solutions that Align with Your Business Needs

Our vast network of contacts, through industry organizations, long-established relationships and years of service to the financial industry and beyond, enables FGIB to sort through the complexity of choices to recognize the right fit for your organization. We know your industry and understand how to secure the appropriate insurance solutions. We are licensed in the majority of states and are ready to serve you. Give us a call at 626.793.3330.